{"id":963633,"date":"2026-05-15T11:33:09","date_gmt":"2026-05-15T15:33:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/"},"modified":"2026-05-15T11:33:09","modified_gmt":"2026-05-15T15:33:09","slug":"gray-media-closes-station-swap-transaction-with-ew-scripps","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/","title":{"rendered":"Gray Media Closes Station Swap Transaction with EW Scripps"},"content":{"rendered":"<div class=\"mw_release\">\n<p>\n        <b>ATLANTA, May  15, 2026  (GLOBE NEWSWIRE) &#8212; <\/b>\u00a0Gray Media, Inc. today closed on its cash-free, even exchange of comparable assets with the E.W. Scripps Company involving the swap of television stations across five mid-sized and small markets that the parties announced in July 2025.<\/p>\n<p>Under the terms of the agreement, Gray has acquired:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:0.95pt\">WSYM (Fox) in Lansing, Michigan (DMA 113), where Gray owns WILX (NBC); and<\/li>\n<li style=\"margin-top:0.95pt\">KATC (ABC) in Lafayette, Louisiana (DMA 124), where Gray owns KADN (FOX) and KLAF-LP (NBC) as well as leading television stations in each of the other Louisiana markets.<\/li>\n<\/ul>\n<p>In exchange, Scripps has acquired:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:0.95pt\">KKTV (CBS) in Colorado Springs, Colorado (DMA 89), where Scripps owns KOAA (NBC);<\/li>\n<li style=\"margin-top:0.95pt\">KKCO (NBC) and low power station KJCT-LP (ABC) in Grand Junction, Colorado (DMA 186); and<\/li>\n<li style=\"margin-top:0.95pt\">KMVT (CBS) and low power station KSVT-LD (Fox) in Twin Falls, Idaho (DMA 188), where Scripps owns low power station KSAW-LD (ABC).<\/li>\n<\/ul>\n<p>With today\u2019s closing, Gray has now consummated all previously announced television station transactions.<\/p>\n<p>Gray Media, Inc. (NYSE: GTN) is a multimedia company headquartered in Atlanta, Georgia. We are the nation\u2019s largest owner of top-rated local television stations and digital assets. As of May 15, 2026, we serve 117 full-power television markets that collectively reach approximately 37% of US television households. The portfolio includes 78 markets with the top-rated television station and 101 markets with the first and\/or second highest rated television station in average all-day ratings across the 116 of such markets that were measured by Nielsen in 2025. We also own the largest Telemundo Affiliate group with 46 markets and Gray Digital Media, a full-service digital agency offering national and local clients digital marketing strategies with the most advanced digital products and services. Our additional media properties include video production companies Raycom Sports, Tupelo Media Group, and PowerNation Studios, and studio production facilities Assembly Atlanta and Third Rail Studios. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MzPEGRcH9rIaJeBWvb_QWbeZ6KoY4U_afSYCCfl0fJBty_Ib0Vj1DdwcPK3Xcy3JTY7N-6Lryc733cazrZi0GoJg2AFRpKnNd5DuXzLNTFA=\" rel=\"nofollow\" target=\"_blank\"><u>www.graymedia.com<\/u><\/a>.<\/p>\n<p>\n        <b><br \/>\n          <u>Gray Contact:<\/u><br \/>\n        <\/b>\n      <\/p>\n<p>\n        <b>Kevin P. Latek<\/b>, Executive Vice President, Chief Legal and Development Officer, 404-266-8333<\/p>\n<p align=\"center\">#\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0#\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0#<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyMTE3OSM3NjA1NzgxIzIwMDk2MTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OWYxMmU1ZjQtY2I0ZS00NjJkLTliYTgtMThmMDU2NjNmZTlkLTEwMjExODQtMjAyNi0wNS0xNS1lbg==\/tiny\/Gray-Media.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA, May 15, 2026 (GLOBE NEWSWIRE) &#8212; \u00a0Gray Media, Inc. today closed on its cash-free, even exchange of comparable assets with the E.W. Scripps Company involving the swap of television stations across five mid-sized and small markets that the parties announced in July 2025. Under the terms of the agreement, Gray has acquired: WSYM (Fox) in Lansing, Michigan (DMA 113), where Gray owns WILX (NBC); and KATC (ABC) in Lafayette, Louisiana (DMA 124), where Gray owns KADN (FOX) and KLAF-LP (NBC) as well as leading television stations in each of the other Louisiana markets. In exchange, Scripps has acquired: KKTV (CBS) in Colorado Springs, Colorado (DMA 89), where Scripps owns KOAA (NBC); KKCO (NBC) and low power station KJCT-LP (ABC) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gray Media Closes Station Swap Transaction with EW Scripps&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-963633","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gray Media Closes Station Swap Transaction with EW Scripps - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gray Media Closes Station Swap Transaction with EW Scripps - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, May 15, 2026 (GLOBE NEWSWIRE) &#8212; \u00a0Gray Media, Inc. today closed on its cash-free, even exchange of comparable assets with the E.W. Scripps Company involving the swap of television stations across five mid-sized and small markets that the parties announced in July 2025. Under the terms of the agreement, Gray has acquired: WSYM (Fox) in Lansing, Michigan (DMA 113), where Gray owns WILX (NBC); and KATC (ABC) in Lafayette, Louisiana (DMA 124), where Gray owns KADN (FOX) and KLAF-LP (NBC) as well as leading television stations in each of the other Louisiana markets. In exchange, Scripps has acquired: KKTV (CBS) in Colorado Springs, Colorado (DMA 89), where Scripps owns KOAA (NBC); KKCO (NBC) and low power station KJCT-LP (ABC) &hellip; Continue reading &quot;Gray Media Closes Station Swap Transaction with EW Scripps&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-15T15:33:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyMTE3OSM3NjA1NzgxIzIwMDk2MTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gray-media-closes-station-swap-transaction-with-ew-scripps\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gray-media-closes-station-swap-transaction-with-ew-scripps\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Gray Media Closes Station Swap Transaction with EW Scripps\",\"datePublished\":\"2026-05-15T15:33:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gray-media-closes-station-swap-transaction-with-ew-scripps\\\/\"},\"wordCount\":328,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gray-media-closes-station-swap-transaction-with-ew-scripps\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcyMTE3OSM3NjA1NzgxIzIwMDk2MTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gray-media-closes-station-swap-transaction-with-ew-scripps\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gray-media-closes-station-swap-transaction-with-ew-scripps\\\/\",\"name\":\"Gray Media Closes Station Swap Transaction with EW Scripps - 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Scripps Company involving the swap of television stations across five mid-sized and small markets that the parties announced in July 2025. Under the terms of the agreement, Gray has acquired: WSYM (Fox) in Lansing, Michigan (DMA 113), where Gray owns WILX (NBC); and KATC (ABC) in Lafayette, Louisiana (DMA 124), where Gray owns KADN (FOX) and KLAF-LP (NBC) as well as leading television stations in each of the other Louisiana markets. In exchange, Scripps has acquired: KKTV (CBS) in Colorado Springs, Colorado (DMA 89), where Scripps owns KOAA (NBC); KKCO (NBC) and low power station KJCT-LP (ABC) &hellip; Continue reading \"Gray Media Closes Station Swap Transaction with EW Scripps\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/","og_site_name":"Market Newsdesk","article_published_time":"2026-05-15T15:33:09+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyMTE3OSM3NjA1NzgxIzIwMDk2MTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Gray Media Closes Station Swap Transaction with EW Scripps","datePublished":"2026-05-15T15:33:09+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/"},"wordCount":328,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcyMTE3OSM3NjA1NzgxIzIwMDk2MTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/gray-media-closes-station-swap-transaction-with-ew-scripps\/","name":"Gray Media Closes Station Swap Transaction with EW Scripps - 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